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The price of crude sold by Organization of the Petroleum Exporting Countries (Opec) members slid below US$30 a barrel, the lowest level in almost 12 years, as turmoil in Chinese markets deepened the global commodities rout.

PHOTO: BLOOMBERG

London

THE price of crude sold by Organization of the Petroleum Exporting Countries (Opec) members slid below US$30 a barrel, the lowest level in almost 12 years, as turmoil in Chinese markets deepened the global commodities rout.